Tesla Results Presentation Deck
VEHICLE CAPACITY
Fremont
In early Q1, we began production of Model Y in Fremont, using a combination of
new production lines as well as shared capacity with Model 3. Our simplified and
scalable approach to manufacturing is starting to take effect. We were able to
build more Model Y vehicles in its first quarter of production than in the first two
quarters of Model 3 in 2017. Model Y production also exceeded the first quarter
of production of Model 3 in Shanghai, demonstrating continued improvements in
program execution. Additionally, we achieved positive gross margin for Model Y
in its first production quarter.
Shanghai
Our Gigafactory Shanghai ramp is progressing according to plan. Due to better
than expected progress, we believe Model 3 will achieve a production rate of
-4,000/week (or -200k/year extrapolated run rate) by mid-2020. Thus far, we
have been able to ensure component supply in order to continue operations at
the facility.
In Q1, we produced only the Standard Range Plus version of Model 3. As part of
our planned roadmap, in April 2020, we opened the online configurator for a
Long Range version as well as for a Performance version.
Berlin-Brandenburg
We recently finished the land preparation phase and are about to break ground
on the construction phase of this project. Based on the current progress, we are
on track to start the first Model Y deliveries from Gigafactory Berlin in 2021.
Installed Annual Capacity
Fremont
Status
Production
Production
Production
Construction
In development
Construction
In development
In development
In development
* Model 3/ Model Y installed capacity in Fremont will extend to 500,000 in 2020
Shanghai
Berlin
United States
Model S / Model X
Model 3 / Model Y
Model 3
Model Y
Model 3
Model Y
Tesla Semi
Roadster
Cybertruck
Tesla Model 3
All main sedan competitors
Tesla Model Y
All main crossover competitors
O
Current
50,000
90,000
* 400,000
200,000
100,000
150,000
200,000
250,000
Model Y market potential - US deliveries in the last 4 quarters
Main sedan competitors: Mercedes C-class, BMW 3-series, Audi A4/S4, Lexus IS, Jaguar XE
Main crossover competitors: Mercedes GLC, BMW X3, Audi Q5, Lexus NX, Jaguar F-pace, Porsche Macan
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